Costing Rules

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Introduction

A costing rule can be applied during cost calculation. Each costing rule requires a costing algorithm and a valid from date to properly calculate the cost of material's transactions. The "Warehouse" can be configured as a dimension to take into account while calculating costs.

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Costing Rule

The costing rule window allows to define and validate costing rules.

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Initialization

The initialization tab is a read-only tab which allows to review the "Closing" / "Opening" physical inventory created to validate a costing rule. Every time that a costing rule is validated a new record is created for each Organization and Warehouse. This record contains links to the physical inventories created.

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Full list of Costing Rules window fields and their descriptions is available in the Costing Rules Screen Reference.

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